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RBI MPC outcome: Experts explain what the rate pause means for investorsThe Monetary Policy Committee (MPC) of the Reserve Bank of India, in its bi-monthly review on Wednesday, decided to keep the repo rate unch...
BP to invest USD 70 million in India's Green Growth Equity FundGGEF already includes investments from the Government of India, through the National Investment and Infrastructure Fund (NIIF), and the UK ...
RIL, BP get panel nod for $4-billion investment in KG Basin: DGH“Management committee has today approved 3 FDPs (field development plans) in block KG-DWN-98/3 (RIL, BP & Niko), which will bring an envisa...
RIL, BP to acquire Niko's 10% stake in gas blockRIL is the operator of the block with 60 per cent interest while BP of the UK has the remaining 30 per cent stake.
British Petroleum appoints Spencer Dale as new Group Chief EconomistBP said , Dale will be responsible for advising the company Board and executive team on economic drivers and trends in global energy.
RIL rallies over 5% on approval of $3.18-bn plan in KG-D6 blockRIL rallied after the oil & gas major and its partner BP Plc won approval to invest $3.18 billion in R-Series gas field in the flagging KG-...
Management committee of RIL-BP’s controversial D6 block to resolve contentious issueThe directorate general of hydrocarbons (DGH) wants RIL to relinquish 6,601 sq km out of the total contract area of 7,645 sq km.
RIL-BP warn govt of KG-D6 closure if investment not okayedRIL, BP have warned that KG-D6 gas fields will stop producing in 2015 unless govt approves investments needed to keep the nation's largest ...
OilMin, RIL-BP in a slugfest over KG-D6 blockWith RIL, BP warning of drop in KG-D6 gas output, Oil Min hit back saying it had not approved annual spending because the co had denied CAG...
Oil ministry overrules DGH, okays RIL’s plan to survey entire D6 blockThe oil ministry has overruled the directorate general of hydrocarbons and approved the plan of Reliance Industries to survey the entire D6...
- Oil Secretary approvs RIL's plan to survey entire deep-sea region of the D6 block
Oil secretary GC Chaturvedi has app roved Reliance Industries' plan to survey the entire deep-sea region of the D6 block.
- Govt amends KG-D6 contract, BP inducted as 30% partner
The government has amended the KG-D6 contract to formally induct BP as 30% partner in India's biggest gas field operated by Reliance Indust...
- Government to ink fresh contract with BP Plc
The government will soon sign an amended contract with BP, RIL's minority partner in 21 blocks, as it has received a clean chit from the DG...
- Reliance Industries turns to PM, FM for KG D6 block approvals
The official declined to be identified because of the sensitivity of the discussions and because it concerned the senior-most political lea...
- Reliance Industries plans up to $2.33 bn investment in R-Series gas field
RIL plans to invest up to USD 2.338 billion to produce about 15 million standard cubic metres per day of gas from the R-Series gas field.
- BP nominates Kris Sliger to D-6 block's management panel
BP India CFO Kris Sliger will represent the company in the management committee that takes crucial decisions on budgets and field developme...
No govt roadblocks seen in RIL-BP dealOfficials in the Directorate General of Hydrocarbons (DGH) say that RIL will also require approval of the management committees of 23 block...
- BP failed to learn from past 'near misses': panel
BP's failure to learn from past "near misses" and its "insufficient consideration of risk" were major factors in the oil well blowout.
- Getting life back? BP CEO on way off spill duty
BP's chairman said that CEO Tony Hayward is on his way out as the company's point man on the Gulf oil spill crisis.
- Alaska spill to hurt BP's green image
In an industry known for butting heads with environmentalists, British oil company BP has long managed to convince Americans that it is a r...